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Perform to a higher standard from pit-floor to boardroom

Mining Operational Planning


Make decisions based on real data. Mining Operational Planning ties data from mining operations directly to financial forecasts and business strategies. From the pit floor to the boardroom, Operational Planning users can run scenarios, compare variances, and collaborate on strategies across the whole business. From equipment performance to reagent consumption, Mining Operational Planning helps mining companies to manage their business and make decisions from the ground up.


How Mining Operational Planning transforms your business


Run scenarios on different mine plans


Constantly monitor operational performance and forecasts. Compare new mine plans against the base plan to optimize operating strategies and schedules.


Integrate GL & mine planning


Directly integrate your GL and ERP systems for budget and actuals, while pulling mine plans and operating data from your mine planning system.


Collaborate between site & corporate


Permission and assign roles to both corporate and site users, which helps facilitate quick communication and collaboration between the two.


Forecast operational drivers


Make forecasts on true historical data with rolling assumptions and drivers, which are calculated on actuals pulled from your ERP and mine planning systems.


Understand the impact of the unexpected


Manage your assets in a market of uncertainty. Run forecasts on volatile environments, and see the impact they have on your bottom line. Quickly understand and communicate what it means for your business.


Users

  • Executive Team
  • General Managers
  • Finance Team
  • Cost Analysts
  • Operational Managers

Key features

  1. Collaborate across the business on forecasts, budgets, and results
  2. Measure the variance between forecasts and actuals
  3. Compare multiple mine plans for NPV and production schedules
  4. Understand the true value of unlimited scenarios across the whole mining value chain
  5. Utilize real data to make decisions and run forecasts

Customer

  • Tier 1 copper producer
  • Entering a new development phase
  • Seeking to drastically reduce hauling costs
  • Strong site leadership with a focus on continuous improvement projects
  • Top quartile C-1 costs

Challenge

  • To build accurate costs for new mine plans
  • Valuing and tracking improvement projects
  • Allocating and mobilizing resources to achieve C-1 costs improvements
  • Workforce engagement

Solution

  • Implement Mining Operational Planning
  • Capture budgets and baseline data from disconnected sources
  • Run Scenarios to value improvement projects and production plans
  • Evaluate operating strategies to increase mine-life and return in final years of operation

Value creation

  • Identified $120 Million in operational improvement opportunities
  • Incremental value of each opportunity captured against the baseline forecast
  • Increased ability to achieve cost and production targets
  • Cross-departmental understanding and collaboration on operational projects